Forex Trading Library

GBPUSD 2018-07-02

By Rami Abu-Draa Last updated Jul 28, 2025

GBPUSD managed to rebound from Short-Run support 1.3070 as market managed to hold Daily close above it

Intraday Levels showing support Zone at 1.3110-35 where as long as market holding above more advance toward 1.3280-1.3310 zone is expected

Below 1.3100 market will be in gray trading zone which will face support at 1.3070 and 1.3030-40

Below 1.3030 market may head for more drop pressure toward 1.2900

	Support	Resistance
Level 1	1.3110-35	1.3215
Level 2	1.3070	1.3280
Level 3	1.3030-40	1.3310

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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